Rural broadband: Consortium will invest just €220m up front

Rural broadband: Consortium will invest just €220m up front

1 Communications Minister Richard Bruton. Photo: Tom Burke THE consortium responsible for rolling out broadband to more than 500,000 homes and businesses in rural Ireland is investing just €220m up front.

Communications Minister Richard Bruton revealed the figure this afternoon amid much criticism from Opposition parties who claim the State is carrying too high a burden for the project.

Taxpayers are on the line for up to €3bn and will not own the infrastructure at the end of the 25 year contract.But Mr Bruton said this is a “really important investment for rural Ireland”.He said the Government has evaluated all of […]

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